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Axis MF's Karthik Kumar sees market dips as buying opportunities, favoring financials and autos.
Summary
Axis Mutual Fund's Karthik Kumar believes the recent market downturn is temporary, citing strong earnings and valuations. He sees buying opportunities in financials, autos, and quality growth stocks, while being cautious on IT and new-age tech.
Key Points
- Karthik Kumar, from Axis Mutual Fund, views the recent market weakness as a temporary dip.
- He is bullish on financials, autos, and quality growth stocks.
- Kumar is selective on healthcare and underweight on IT and new-age tech.
- The analysis focuses on market valuations and earnings.
- The article discusses investment strategies in the context of market fluctuations.
Full Article
Axis Mutual Fund’s Karthik Kumar says recent market weakness is not a trend, highlighting strong earnings, supportive valuations and long-term growth prospects. He sees current dips as buying opportunities and remains bullish on financials, autos and quality growth stocks, while staying selective on healthcare and underweight IT and new-age tech due to limited visibility.
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